Primco Management Denies All Allegations of Any Wrongdoing in Iggy Azalea Record Release
Primco Management Denies All Allegations of Any Wrongdoing in Iggy Azalea Record Release
SEATTLE, Sept. 22, 2014 /PRNewswire/ -- Primco Management Inc. (OTCBB: PMCM), a medical marijuana, real estate management and multi-media company today announced that the Company's ESMG Music Division is innocent of any allegations made by pop star Amethyst Kelly, p/ka Iggy Azalea, regarding the release of the album "Inizio." The Company purchased a 50% interest in the record through Maurice Williams, former boyfriend of the recording star.
"Prior to purchasing a 50% interest in the Joint Venture, Primco Management validated the authenticity of the contract between Wine Enterprises and Iggy Azalea," stated David Michery, CEO. "Our attorneys have spoken to several individuals who were present at the signing of the agreement and have validated Ms. Kelly's execution of the contract in question. Further, we also validated Mr. Williams' possession of the Pro Tools multi-track session files unique to his system, as well as written documentation supporting the creation of the compositions. Primco will respond accordingly via its legal team and strongly supports its position to distribute the Masters that are in question."
A copy of the Agreement in question can be viewed in the Company's 8-K filing dated July 24, 2014 ( http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10108146 ).
About Primco Management Inc.:
Through its wholly-owned subsidiaries, ESMG Inc., Top Sail Productions and D & B Music, Inc., the Company operates as an integrated entertainment company with divisions in music and film production and distribution. Primco also operates in various aspects of the real estate industry. (For additional information, visit www.primcousa.com).
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessary estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
Primco Management Inc. (OTCBB:PMCM)
2211 Elliott Ave.
Suite 200
Seattle, WA 98121
United States
Phone: 206-455-2940
Email: contact@primcousa.com
SOURCE Primco Management Inc.
Primco Management Inc.
Web Site: http://www.primcousa.com
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